News
Chart of the Week: Singapore's virtual banks can't rely on the branchless advantage for long
Chart of the Week: Singapore's virtual banks can't rely on the branchless advantage for long
Facilities costs as a proportion of incumbent lenders' assets is only 7bps compared to 103bps.
iFAST eyes Singapore virtual banking license
The move will expand its service scope to include e-payment and lending.
Taiwanese banks struggle with muted profit outlook
ROAA from 2016-2018 stood at 0.6%.
Can Philippine banks ride out the bad loan wave?
Systemwide non-performing loans rose sharply by 22.5% in January.
China tightens ownership rules of unlisted banks
The move comes after the takeover of Baoshang Bank.
US dollar deposits accounted for a third of Singapore's total bank deposits in March
USD deposits rose at a CAGR of 20% over the past nine years.
Why you shouldn't miss the ABF Digital & Open Banking Conference
Top executives from Standard Chartered, Revolut and EY will attend the prestigious event.
International banking heads take home highest salaries in Singapore's financial sector
The average base monthly salary for this role can hit $24,000.
Meet Musheer Ahmed of FTAHK at the 2019 ABF Digital Payments Summit
He will discuss key drivers for fintech innovation and why coopetition will be the new norm for the payments industry.
Chart of the Week: Philippine banks' loan growth to slow to 11% in 2019
Lending growth fell to an eight-year low in May.
Weekly Global News Wrap Up: UBS Q2 profit hits five-year-high; BofAML shells out $40m fine: report
And Spain’s Banco Santander finds refuge in the Americas.
Bankers are earning less than construction workers in Japan
The average wage of 102 listed banks and insurers dropped 1.4% since 2016.
Chinese bank branches hit 228,600 in 2018
Around 5,600 branches were set up in far-flung communities.
ZhongAn International's Ken Lo joins panel at the 2019 ABF Digital Payments Summit
He will discuss key strategies on how players can adapt amidst the emergence of virtual banks.
Digital consumers power up Singapore's big three banks
DBS and OCBC generate twice or thice as much revenue from digital retail and SME customers than traditional customers, on average.
Taiwanese banks' loan book hit $940.4b in May
Loans granted by local banks grew $357.6b in May YTD.
Singapore banks' NIM expansion could hit 1-2bp in Q2
Both OCBC and UOB could have a NIM expansion of 2bp during the period.
Commentary
Fighting fraud in the digital banking age
Asian banking’s next frontier: Beyond growth, embracing precision
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
Why Singapore’s fast payments need faster protections